Same game parlays (SGPs) are a great way to increase the chances of winning by betting on multiple outcomes. They’re also a good option for bettors who want to play for large payouts and aren’t concerned about the risk. SGPs are available on both pre-match and live bets at many sportsbooks. In addition, some online sportsbooks offer insurance and free bets on same-game parlays.
The SGP is a bet on multiple outcomes in a single contest, such as the total points scored by both teams in a football match or the combined score of two baseball games. It can be placed on a single team or multiple teams, with the odds of each outcome based on the probabilities of each event occurring. Historically, sportsbooks blocked correlated parlay bets, but now they’re embracing and marketing SGPs to attract more customers.
SGPs are a safe bet that’s more likely to win than individual bets because the probability of each leg winning is based on the odds of the other legs. This type of bet is especially popular in the NFL, where there are a high number of correlated wagers and where some teams have a tendency to score more points than others. The SGP is also popular in horse racing and hockey, where the odds of a team beating the spread are lower than in other sports.
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To make a SGP, log into the sportsbook app or mobile web and locate an event with the SGP logo on the event or game page. Then, select the Same Game Parlay tab to view available bets. Once you’ve made your selections, tap the ‘Make a Bet’ button to add them to your bet slip. Note that if a leg of a parlay loses, your entire bet will be settled as a losing wager. Likewise, if the SGP bet includes a game that’s cancelled or postponed, the odds will adjust and settle based on the results of the remaining legs.